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Knowledge for you to keep moving forward like a pro
Have you ever wondered how companies predict your preferences, or how online platforms seem to know exactly what you're looking for? Well, that's not just magic—it's the fascinating world of data mining!
Variance is like the superhero that tells us how far each number in a data set is from the mean. It's the average of the squared differences from the mean. Meanwhile, Standard Deviation is like the sidekick—it's simply the square root of the variance.
Categorical or numerical, discrete or continuous, or independent and dependent, understanding these concepts is like having the keys to unlock the secrets hidden in your data.